Mahama's 24-Hour Economy Is Achievable - US-Based Economist To Bawumia
Dr. Sa-ad Iddrisu, a Ghanaian economist based in America, has endeavored to bring focus to the essence of substantive policy discussion within Ghana's political landscape. In a compelling statement, Dr. Iddrisu has advised Vice President Mahamudu Bawumia to redirect his attention away from critiquing former President John Mahama's 24-hour economy policy and, instead, to articulate his own economic policy alternatives.
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Dr. Iddrisu commenced by affirming the conceptual viability and attainability of a 24-hour economy in Ghana, underscoring that such an economic model, when approached with the right political will, could bring about transformative changes. He offered commendation to John Mahama for propounding a plan that promises significant potential for the country.
The economist urged keen discernment among Ghanaian voters, particularly in the lead-up to the 2024 election, emphasizing the importance of demanding well-elaborated policy propositions from political leaders rather than succumbing to mere verbal sparring and criticism devoid of concrete alternatives.
Furthermore, Dr. Iddrisu stressed the timeliness of this juncture in Ghana's history, emphasizing the urgency for politicians, irrespective of their governmental or oppositional status, to furnish policies capable of shepherding the economy away from potential collapse.
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In the context of an economy reliant on a substantial IMF lifeline, Dr. Iddrisu urged citizens to anticipate policy proposals extending beyond rhetoric, encompassing initiatives such as the "24-hour economy," which can engender an environment conducive to private sector growth, youth employment, and the overall enhancement of citizens' welfare.
Continuing his statement, Dr. Iddrisu expounded on the material advantages of incorporating a 24-hour economy within specific sectors, provided essential infrastructure such as electricity, water, and security are in place. He cited examples from around the world, showcasing how certain cities and countries have successfully integrated features of a 24-hour economy, facilitating enhanced service delivery and economic activity.
These international examples included cities like New York, Las Vegas, Tokyo, Seoul, Singapore, and London, each illustrating unique success stories in the establishment of various elements of a vibrant 24-hour economy.
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United Kingdom: London, especially in its central districts, maintains a vibrant nightlife and offers certain services that operate continuously 24/7, resulting in an increase in job opportunities.
Dubai: The city of Dubai in the United Arab Emirates holds international acclaim for its 24-hour economy, boasting activities and services that are available around the clock. It is important to recognize that the extent of a 24-hour economy may vary within a country and is frequently concentrated in major urban centers.
Therefore, with the appropriate political determination, establishing a 24-hour economy in Ghana is not only conceivable but also attainable. John Mahama deserves accolades for proposing such a transformative plan for the country he concluded.
Dr. Iddrisu's assertion seeks to elevate the national discourse by highlighting the potential benefits of a 24-hour economy while urging a shift from divisive exchanges toward dialogue centered on substantive policy alternatives. This call for a higher standard of debate and policy articulation lays the groundwork for fostering a more informed and engaged electorate, ultimately contributing to a more robust and constructive political landscape in Ghana.
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